FAQ > Data Entry On The Worksheet

How do I not show Late fee collected from tenant, on the Owner Report.

To not show the collected Late fee on Owner Report, follow these steps.

1. Go to the owners page by clicking on the ‘Owners’ tab at the top of the page.

2.Hover over ‘Take Actions’ for the property Owner (here Owner is Jane) and Select Edit Owner Details.

3. Check the checkbox “Do not show Late Fee collection in owner report.” And then Save.

4. When you have a Late fee collected ,goto Property Worksheet and Create and Allocate late fee.

Suppose for tenant Sam the rent is $1000 and created late fee is $50.

Sam paid rent and late fee of $1050 for Feb 2016 and allocated them.As seen in this screen shot.

5. When you save the $1050 transaction, then you will see an expense “Late fee not visible to Owner” added in the EXPENSE section.

6. Now,create a Vendor to map to this expense “Late fee not visible to Owner”. Goto Vendor Center and create a PropertyManager-Vendor and map to this expense.

7. This late fee will now not show on Owner Balance History page and in the Owner reports.